SpaceX stock falls below IPO price to $123, wiping out $1 trillion as short sellers pocket $8.7 billion

The stock has fallen from a post-IPO high of $225.64 to around its $135 offering price, wiping out roughly $1 trillion in market value as investors reassess the company’s heavy spending on Starship and Starlink.

12 across the spectrum. Choose a side on the bar to jump to it.

National story. 17 articles from 13 sources. 12 are on the bar; 1 is an international, entertainment or tech outlet, listed separately. Updated Jul 17, 2026.

How each side is putting it

Left

5 sources
NBC NewsLean Left· Jul 16, 2026

SpaceX stock closes below its IPO price for the first time since it went public

HuffPostLeft· Jul 16, 2026

SpaceX Shares Drop Below IPO, With More Volatility To Come

Fast CompanyLean Left· Jul 16, 2026

SpaceX stock fell below its IPO price for the first time this week. Here are a few reasons why

Honolulu Star-AdvertiserLean Left· Jul 15, 2026

SpaceX shares slide below IPO price for the first time

QuartzLean Left· Jul 15, 2026

SpaceX stock sinks below its IPO price for the first time as the post-debut rally unravels

Center

2 sources
BBC NewsCenter· Jul 15, 2026

SpaceX share price drops below stock market debut

ForbesCenter· Jul 15, 2026

SpaceX Shares Fall Below $135 IPO Price For The First Time

Right

5 sources
Tech StartupsLean Right· Jul 17, 2026

SpaceX stock falls below IPO price to $123, wiping out $1 trillion as short sellers pocket $8.7 billion

The Brunswick NewsLean Right· Jul 16, 2026

SpaceX stock erases all its gains and slides below IPO price

Breitbart NewsRight· Jul 16, 2026

SpaceX Share Price Falls Below IPO Level a Month After Elon Musk's Market Debut

Tech StartupsLean Right· Jul 15, 2026

SpaceX stock falls below $135 IPO price as post-debut euphoria fades, wiping out $1 trillion in market value since its peak

Investor's Business DailyRight· Jul 15, 2026

SpaceX Stock Splashes Down, Undercuts IPO Price

Other outlets

International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage

Left

1 article
The GuardianLean Left· Jul 15, 2026

SpaceX shares slide below IPO price for first time as surge fizzles

Center

0 articles

None

Right

0 articles

None

The story so far

2 developments
  1. Jul 13SpaceX loses nearly 40% from its $225.64 post-IPO peak, erasing $1 trillion in market value
  2. Jul 15SpaceX shares slide below IPO price for first time as surge fizzles

Who covered each development

No new developments

Quiet for 94 days

Last development · Jul 15 — SpaceX shares slide below IPO price for first time as surge fizzles